Conservator’s Annual Return (Georgia Video)

In Georgia,  O.C.G.A. § 29-5-60(a) requires that Conservators, “[e]ach year, within 60 days of the anniversary date of qualification, … file with the court a verified return consisting of a statement of the receipts and expenditures of the conservatorship during the year preceding the anniversary date of qualification, an updated inventory consisting of a statement of the assets and liabilities of the estate as of the anniversary date of qualification, an updated plan for managing, expending, and distributing the ward’s property, a note or memorandum of any other fact necessary to show the true condition of the estate, and a statement of the current amount of the bond. The conservator shall mail a copy of the return by first-class mail to the surety on the conservator’s bond, the ward, and the ward’s guardian, if any.”

Although the conservator’s report can be done in relatively simple fashion, if you do it wrong, or if you don’t do one at all, very bad things can happen. To help, the Probate Court in Hall County, Georgia, prepared the video linked below so you better understand how to complete the return.